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The Water Cooler
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Chesapeake Energy preparing for bankruptcy
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<blockquote data-quote="Shadowrider" data-source="post: 3375794" data-attributes="member: 3099"><p>They are up 300% since April 15 when the stock split took effect. I have no idea why other than maybe some are ignorant that the stock was split 1 for 200 shares? They are down 18% in afterhours since Bloomberg published an article about an expected bankruptcy filing and giving control to creditors. I hope everybody sold because tomorrow and the next few days could be really ugly.</p><p></p><p>ETA: [USER=24452]@retrieverman[/USER] IDK how the split hurt you. If you had 200 shares you now only have one but the price was set at the value of the 200. <img src="/images/smilies/anyone.gif" class="smilie" loading="lazy" alt=":anyone:" title="Anyone :anyone:" data-shortname=":anyone:" /> Anyway, sell that **** at the open tomorrow! It'll give you some of that gain since the split at least.</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 3375794, member: 3099"] They are up 300% since April 15 when the stock split took effect. I have no idea why other than maybe some are ignorant that the stock was split 1 for 200 shares? They are down 18% in afterhours since Bloomberg published an article about an expected bankruptcy filing and giving control to creditors. I hope everybody sold because tomorrow and the next few days could be really ugly. ETA: [USER=24452]@retrieverman[/USER] IDK how the split hurt you. If you had 200 shares you now only have one but the price was set at the value of the 200. :anyone: Anyway, sell that **** at the open tomorrow! It'll give you some of that gain since the split at least. [/QUOTE]
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